The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 42.9%, while the probability of maintaining the current rate is 57.1%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 42.9%, while the probability of maintaining the current rate is 57.1%. By January next year, the cumulative probability of a 25 basis point cut is 48.2%, the probability of keeping the rate unchanged is 35.6%, and the cumulative probability of a 50 basis point cut is 16.1%.